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HomeMy WebLinkAbout550001.tiff �_ 4 t �. i M w. r TO SIGN ,41-ENDMEATF' L£ SE WITH " THE CALIFORNIA COMPA T.; (' .R BE ESOLVED, by the Board Of County Commissioners_ of Weld County, `Color+ado, thatthey ROfept s{ s} amendment leas&' by sighing said amendment lease, copy of ameNWPAijelte lease. h to attached, with the California Company, q y;pen of-310.00. AYE5s Q � , i 'fee e 4HE RD e COCOMMtssIcNERs� L�WUNTY, ORADO DATED; AUGUST 17, 1955, 100'751 H TO SIGN AMENDMENT LEASE WITH THE CALIFORNIA COMPANY; • . e -.- �-- ..-1.. t., No, No, , .. • • APPROYLO the eh t `tJ! J i t„t4 .. $s,wEc•rF. fi :. Alki6NDLNT To (iAS L6ASLS THIS AGkt;4.1LNT, dated the 17th day of August, A.D., 1995, by and between '€HJ COUNTY OF WELD, STATE OF CULORAli0, acting by and through its I card of County Commissioners, First Party (hereinafter sometimes called "Lessor"), and ir; GJ LIF oRNIA GOJPANT, a California corporation, Second .arty (hereinafter sometimes called "Lessee"). WHEREAS, heretofore on I'ebruary 18, 1954, i0PC'.T 0'' CC=Y OP 'cR.LP COI.+"?TY, Lessor, made and executed unto THE CALIFORNIA CO1fPANY, a Califonnia corporation, Lessee, an oil and gas lease covering certain lands in Weld Uo-Inty, Colorado, said lease being recorded in Book 1382, Page 550 of the records of the County Clerk of said County, reference thereto being made for all purposes; and, WHEREAS, heretofore on June 11, 1951i, OF COUNTY CC IS.•Iu , ..S OF b ELD COUNTY, Lessor, made and executed unto THE CALIFORNIA uUMiANY, a California corporation, Lessee, an oil and gas lease covering certain lands in Weld County, Colorado, said lease being recorded in Book 1396, Page 339 of the records of the County Clerk of said County, reference thereto being .Wade for all purposes; and, Viii1CAS, heretofore on September 22, 1954, THE COUNTY CF Wi;LU, S A11 GP COLUADO, Lessor, made and executed unto TILE CALIFORNIA CO .L:ANY, a California corporation, Lessee, an oil,iae and mineral lease covering certain lands in Weld County, Colorado, said lease being recorded in Book 11412, Page 46 of the records of the County Clerk of said County, reference thereto being lade for all purposes; and, 1,HER.AS, heretofore on Janu ry 31, 1955, THE COUNTY CT? 'wE.Lu, S'TA'. OF COLURA .U, Lessor, made and executed unto THE CALIFORNIA CJLfrA, Y, a California corporation, Lessee, an oil, gas and mineral lease covering certain lands in Weld County, Colorado, said lease being recorded in Book 141h, Page 292 of the records of the County Clerk of said County, reference thereto being made for all .purposes; and, WIii:ttAS, the parties hereto are still the owners, respectively of all of Lessor's and Lessee's rights, title and interest in and to said leases; and WAERLAS, it is the desire of the parties hereto that said leases be amended. NOW, `1'ti,saLFORA , for and in consideration of the sum of Ten Dollars (110.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree that Paragraph 9 of each of the above listed leases be amended to read as follows, 9. a. Lessee may at any time or times, pool and consolidate this lease, in whole or in part, or as to any stratum or strata, with adjacent lands and leases, so as to constitute a unit or units not substantially exceeding the size required for the most efficient and economical location and spacing of wells in the field or pool, but not to exceed 90 acres if oil is produced or 660 acres if gas only is produced, or the size (if any) approved by State or Federal authorities, by delivering to Lessor or to the depository hank or by filing for record an in- strument so declaring. Drilling, mining or reworking operations upon, or production of any mineral from any part of any such unit shall be treated, for all purposes hereunder, as such onerations upon or such production from this lease, and shill) satisfy any obligation expressed or implied for the drilling or producing of wells hereunder. Upon production from any part of any such unit, Lessor shall be entitled to royalties calculated as follows: there shall be allocated to the portion of this lease included in such unit a fractional part of such production, in the ratio that the number of acres of this lease in. eluded in such unit bears to the total number of acres of all lands and leases included in such unit, and Lessor shall be entitled to the royalties in this lease provided, on such fractional part of such production, and no more. Provided, that if State or Federal authorities shall pre— scribe a different method of allocation, the method so prescribed shall prevail. b. It is further agreed that Lessee may commingle in a common tank battery all oil produced from an area including all or some of the lands covered by this lease and adjacent lands thereto, which area, however, may not substantially exceed &LO acres, comprised of surveyed subdivisions, and attribute the total production from the said area to the wells therein on the basis of individual well tests con- ducted periodically by methods which are generally used in the oil and gas industry or nrescribed by any State or li Federal authority. In all other respects said leases remain unchanged, and as modified herein, are hereby ratified and confirmed as valid and subsisting leases, and Lessor hereby grants and leases to Lessee the lands described therein for the purposes, and upon the terms and conditions, set forth in said oil and 7as and oil, gas and mineral leases, as hereby amended. IN V ITNrSS ','nlicu' 'JF, we have hereunto set our hands this 17th day of Auaust , 1955. X17 i? ' GUAIS.`sIONiRS OF WEL00 \ county Cler1 gy thL ITS CLERK D ty Co nty.1 Clerk j.. t• Z-2, f`�G i _. .y- f % FIRST PARTY AND LESSOR • THt:; UALIrti)RNIA COA ANY By Its dY Its SEC`.ND PATTY AND LESSEE SLATE OF COLORADO ) ) COUNTY OF WED ) The foregoing instrument vas acknowledged before me this 17th day of August , 1955, by Carl J. Magnuson , Chairman, and Elmer L. Shultz, member, and Geo. L. Andersen, Member, and Ann Spomer by Liz Straight Clerk of the Hoard of County Commissioners of Weld County, Colorado. WITNESS MY hand and official seal. y commission expires t DEC 3 11356 Public C . STATE OF LOUISIANA ) ) SS. PkitISH OF ORLLANS ) On this day o. , 1955, cefore me anoeared and to me personally known, who, being by me duly sworn did say that they are the and respectively of THE CALIFORNIA COMPANY, a California corporation, and that the seal affixed to said instrument is the corporate seal of said corporation and that said instrument was signed and sealed in behalf of said corporation by authority of its Board of Directors, and said appearers acknowledged said instrument to be the free act and deed of said corporation. IN WITNESS t HEREa I have hereunto set my official hand and seal on the date hereinabove written. Notary Public in and for Orleans iarish, Louisiana :,fit commission expires at death. Hello